Dr Reddy’s up with market; Ranbaxy trying to revive

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Ranbaxy and Dr. Reddy’s.

ET Now: Is Ranbaxy and Dr. Reddy’s ever going to awake from slumber and take the Nifty to some heights, whatever little contribution they can make?

Deepak Mohoni: Ranbaxy is trying its best now. It has made a pretty good move last yesterday. So maybe we can get something out of this. Dr. Reddy’s is going up with the market. It is not outperforming the Nifty. So it is not really contributing that way to it but Ranbaxy has certainly picked up a bit of momentum. That would have a few trades up its leaf couple of weeks from now.